By Susanna Moon
Chicago, Feb. 28 - JPMorgan Chase & Co. priced $2.79 million of market-linked notes with contingent coupons due Feb. 28, 2023 linked to the JPMorgan ETF Efficiente 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index closes at or above the initial level on any quarterly review date, the notes will pay a coupon at an annualized rate of 3.4%.
The payout at maturity will be par plus any index gain and the final contingent coupon payment.
J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Market-linked notes
|
| Underlying index: | JPMorgan ETF Efficiente 5
|
| Amount: | $2,785,000
|
| Maturity: | Feb. 28, 2023
|
| Coupon: | 3.4% per year if the index closes at or above the initial level on any quarterly coupon review date; payable quarterly
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain and final contingent coupon payment
|
| Initial index level: | 117.06
|
| Pricing date: | Feb. 25
|
| Settlement date: | Feb. 28
|
| Agents: | J.P. Morgan Securities LLC and UBS Financial Services Inc.
|
| Fees: | 5%
|
| Cusip: | 48126DVG1
|
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